Introducing cyber

Fredrik Hult and Giri Sivanesan

Journal of Business Continuity & Emergency Planning, 2014, vol. 7, issue 2, 97-102

Abstract: In January 2012, the World Economic Forum made cyber attacks its fourth top global risk. In the 2013 risk report, cyber attacks were noted to be an even higher risk in absolute terms. The reliance of critical infrastructure on cyber working has never been higher; the frequency, intensity, impact and sophistication of attacks is growing. This trend looks likely to continue. It can be argued that it is no longer a question whether an organisation will be successfully hacked, but how long it will take to detect. In the ever-changing cyber environment, traditional protection techniques and reliance on preventive controls are not enough. A more agile approach is required to give assurance of a sufficiently secure digital society. Are we faced with a paradigm shift or a storm in a digital teacup? This paper offers an introduction to why cyber is important, a wider taxonomy on the topic and some historical context on how the discipline of cyber security has evolved, and an interpretation on what this means in the new normal of today.

Keywords: cyber; taxonomy; cyber resilience; cyber security (search for similar items in EconPapers)
JEL-codes: M1 M10 M12 (search for similar items in EconPapers)
Date: 2014
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